If you start with 10,000 USD today, and compound at 15% CAGR via NGO/family/fund/institution for 150 years, your fund would have accumulated 13 Trillion USD, size of US economy. You would have achieved point d), you can actually influence the planet’s direction in many fields of human endeavor.

Investors focus on Rate-of-return but ignore Time dimension.

A-Z

Fortunately there are only 60,000 listed companies in the world (opposed to millions of unlisted) and Buffett suggests that you start with alphabet A. Read annual reports.

Blogs / Newspaper / Discussion Forums

Tailcoat other investors or take lead from existing news articles. You need to have superior information processing ability, which comes with time, so the same news article could mean alarm bells ringing in your mind or an idea of opportunity, when others do not take a cue.

This can be an interesting place as well, depending on your mindset as trader or investor.

Corporate Disclosures

Companies are required to make disclosures to the exchange. Its fact, not fiction or fabrication by a journalist.

Stock Screeners

This can prove to be useful if searching on quantitative parameters.

Post shortlisting of an idea, further research is required on the company. Half the people like to meet management and other half feel no need to (eg: Walter Schloss). I fall in the latter half. Over a 2-3 year period the management intentions are automatically reflected in their actions and corporate announcements. If you have a long horizon, then there is no need to meet management. I believe that you can find out more by doing industry research, phone calls, google search, scuttlebutt by calling as a customer, trade partner and competitors, going through past ten years of management actions than meeting management in person.

You would have seen the Reliance Jio launch and its potential disruption on Indian equities. The jio launch is bringing seismic change in internet usage/behavior in India. I am looking for books on “Companies benefited from US internet boom”. Even though it would not be same in Indian context, wanted to explore that theme. Also are you seeing any curious/tempting valuations on companies that could ride this phenomenon ?

Books Read

Goodreads

Search this blog

Follow Blog via Email

Enter your email address to follow this blog and receive notifications of new posts by email.

Past Blog Posts

Past Blog Posts

Amit Arora

B.Com(Hons) Gold Medalist - Delhi University, MBA.

Served United Nations between 2001-2006 in Europe.

Since 2007 consultant for Inland Revenue, Ministry of Economic Development, Ministry of Social Development, Ministry of Justice, Ministry of Business Innovation and Employment (NZ Govt. Organisations).